vernal.be: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
vernal.be
Largest movements
- Receivables within one year +€42,950
up €42,950 (+76.4%), from €56,239 to €99,189
of which Other amounts receivable: +€22,382
- Current investments +€42,323
up €42,323 (+48.0%), from €88,196 to €130,519
- Financial fixed assets -€19,929
down €19,929 (-98.0%), from €20,329 to €400
- Cash +€13,811
up €13,811 (+14.1%), from €97,644 to €111,455
mainly Net result for the year (+€58,658) and Trade debts (+€19,319)
- Reserves +€58,658
up €58,658 (+47.8%), from €122,726 to €181,384
- Trade debts +€19,319
up €19,319 (+2,452%), from €788 to €20,106
- Financial income +€35,039
up €35,039 (+746%), from €4,694 to €39,733
of which Non-recurring financial income: +€31,722
- Taxes +€8,689
up €8,689 (+53.8%), from €16,154 to €24,843
- Gross operating margin -€6,803
down €6,803 (-9.3%), from €73,245 to €66,442
- Depreciation +€1,442
up €1,442 (+8.4%), from €17,213 to €18,655
- Other operating charges -€1,155
down €1,155 (-47.8%), from €2,419 to €1,263
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €566,485 | €644,984 | +€78,499 | +13.9% |
| Fixed assets | 21/28 | €270,862 | €253,430 | -€17,432 | -6.4% |
| Tangible fixed assets | 22/27 | €250,533 | €253,030 | +€2,497 | +1.0% |
| Land and buildings | 22 | €239,288 | €227,574 | -€11,715 | -4.9% |
| Plant, machinery and equipment | 23 | €2,946 | €7,616 | +€4,669 | +158% |
| Furniture and vehicles | 24 | €8,298 | €17,840 | +€9,542 | +115% |
| Financial fixed assets | 28 | €20,329 | €400 | -€19,929 | -98.0% |
| Current assets | 29/58 | €295,624 | €391,555 | +€95,931 | +32.5% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,239 | €99,189 | +€42,950 | +76.4% |
| Trade receivables | 40 | €15,750 | €36,317 | +€20,567 | +131% |
| Other amounts receivable | 41 | €40,489 | €62,871 | +€22,382 | +55.3% |
| Current investments | 50/53 | €88,196 | €130,519 | +€42,323 | +48.0% |
| Cash at bank and in hand | 54/58 | €97,644 | €111,455 | +€13,811 | +14.1% |
| Deferred charges and accrued income | 490/1 | €3,546 | €393 | -€3,153 | -88.9% |
| Total equity and liabilities | 10/49 | €566,485 | €644,984 | +€78,499 | +13.9% |
| Equity | 10/15 | €542,176 | €600,834 | +€58,658 | +10.8% |
| Contributions | 10/11 | €419,450 | €419,450 | = | 0.0% |
| Reserves | 13 | €122,726 | €181,384 | +€58,658 | +47.8% |
| Distributable reserves | 133 | €122,726 | €181,384 | +€58,658 | +47.8% |
| Amounts payable | 17/49 | €24,309 | €44,150 | +€19,841 | +81.6% |
| Amounts payable within one year | 42/48 | €24,309 | €44,150 | +€19,841 | +81.6% |
| Trade debts | 44 | €788 | €20,106 | +€19,319 | +2,452% |
| Suppliers | 440/4 | €788 | €20,106 | +€19,319 | +2,452% |
| Taxes, remuneration and social security | 45 | €23,521 | €24,043 | +€522 | +2.2% |
| Taxes | 450/3 | €23,521 | €19,143 | -€4,379 | -18.6% |
| Remuneration and social security | 454/9 | - | €4,901 | +€4,901 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,213 | €18,655 | +€1,442 | +8.4% |
| Other operating charges | 640/8 | €2,419 | €1,263 | -€1,155 | -47.8% |
| Gross operating margin | 9900 | €73,245 | €66,442 | -€6,803 | -9.3% |
| Operating profit (loss) | 9901 | €53,613 | €46,524 | -€7,089 | -13.2% |
| Financial income | 75/76B | €4,694 | €39,733 | +€35,039 | +746% |
| Recurring financial income | 75 | €4,694 | €8,012 | +€3,318 | +70.7% |
| Non-recurring financial income | 76B | - | €31,722 | +€31,722 | |
| Financial charges | 65/66B | €3,126 | €2,756 | -€370 | -11.8% |
| Recurring financial charges | 65 | €3,126 | €2,756 | -€370 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €55,181 | €83,501 | +€28,320 | +51.3% |
| Income taxes | 67/77 | €16,154 | €24,843 | +€8,689 | +53.8% |
| Profit (loss) for the period | 9904 | €39,027 | €58,658 | +€19,631 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,027 | €58,658 | +€19,631 | +50.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.